As the global financial sector prepares for the advent of quantum computing, security professionals are at the forefront of developing protocols for post-quantum computing (PQC). George Webster, Chief Security Officer at HSBC, and Peter Bordow, Distinguished Engineer and Chief Architect of Post Quantum Cryptography and Quantum Systems, and Emerging Technology for Information and Cybersecurity at Wells Fargo, discuss the impact quantum computing will have on the financial services industry, the reasons why we should prepare now, and more including:
2:25 – Why quantum computing is a paradigm shift for cybersecurity in financial services
11:14 – The importance of preparing for quantum computing now
15:31 – The types of data targeted by "harvest now, decrypt later" attacks.
17:32 – The benefits of quantum computing for the financial services industry
25:51 – How to initiate post-quantum computing planning
FinCyber Today is a podcast from FS-ISAC that covers the latest developments in cybersecurity, contemporary risks, financial sector resilience and threat intelligence.
Our host Elizabeth Heathfield leads wide-ranging discussions with cybersecurity leaders and experts around the world who bring practical ideas on how to confront cyber challenges in the financial sector, improve incident response protocols, and build operational resilience.
Amid the clutter and noise, FS-ISAC Insights is your go-to destination for clarity and perspectives on the future of finance, data, and cybersecurity from C-level executives worldwide.
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George Webster is Chief Security Architect at HSBC where he oversees all security aspects of the bank’s technology infrastructure. With over 9000 banking applications serving more than 40 million customers across 64...Read More
countries, George is responsible for setting the strategic direction and governing changes, to ensure the company meets desired business outcomes while exceeding regulatory, legal and industry best practices. Leveraging his background in analytics, artificial intelligence and high-speed military operations, George is passionate about accelerating innovation to meet custom demands while maintaining a high level of trust and security. His expertise in these areas has enabled HSBC to stay at the forefront of security and risk management, providing customers with a safe and reliable banking experience. Prior to his role as Chief Security Architect, George was the Global Head of Cybersecurity Science and Analytics and was responsible for empowering the Cyber Security mission in protecting the bank by driving proactive tactical and strategic change through the creation of innovative capabilities, development of advanced analytics, and enablement of strategic partnerships with the scientific community. He lead a team of computer security SMEs in artificial intelligence, data engineering, software development, and offensive security techniques that are leveraged across HSBC to enable an up-skilling in knowledge as well as spearheaded the next generation of cyber security capabilities and procedures through in-house development and data-driven analytic capabilities. Prior to joining HSBC, George spent 15 years in the United States Government serving in multiple roles at the Department of Defence, Central Intelligence Agency, and, most recently, the Defence Advanced Research Projects Agency (DARPA). In these capacities, George lead complex offensive and defensive operations against nation state sponsored computer security actors and spearheaded numerous research and development projects. George’s achievements were regularly reported to the highest levels of government and he received numerous accolades for his service. Outside of his government service, George is active in the international scientific community, has spoken at many of the leading computer security conferences (to include Black Hat, RSA, and DCC), is published in major scientific journals, and actively mentors budding researchers and security practitioners. George earned his Bachelors of Science degree in Computer Science from the Virginia Commonwealth University, his Masters of Science in Electrical and Computer Engineering from The Johns Hopkins University, and a PhD in Computer Science from the Technical University of Munich. George’s dissertation focuses on how to break the reactive current computer security paradigm by evolving defensive methods and procedures so they empower analysts and pool the collective knowledge and resources of the community together. Peter Bordow is Senior Vice President, Distinguished Engineer & Chief Architect for PQC/Quantum Systems & Emerging Technologies for Cybersecurity at Wells Fargo. In this role, Peter is responsible for leading research and development, strategy, and ideation across a portfolio which includes digital identity, extended reality, privacy enhancing technologies, and other innovation areas. With more than 30 years of technology, thought leadership, and management experience in the financial, aerospace, defense, and communications industries, Peter has designed research and development, and innovation technology projects for: digital circuit design, radar and laser weapon systems, networking, storage and databases, security, and application. Peter is the author of numerous technical papers: Quantum Technology, Digital Identity, Artificial Intelligence, Regulatory Technology (RegTech), Extended Reality (XR), and Internet of Things (IoT). Peter’s distinguished accomplishments at Wells Fargo include: • 16 Issued patents by the US Patent Office for quantum technology/communications, post-quantum cryptography, and digital identity • 2021 Inductee into the Wells Fargo Inventor Hall of Fame • 2020 Galileo Award winner for integrating patent strategy in support of Wells Fargo's key priorities • 2019 Einstein Award winner for advancing innovation in uncharted areas • 2017 Gold Coin winner for innovation Peter lives in Arizona. He holds a 2nd degree black belt in Tai Kwon Do. He is a recording and performing artist with several released albums. He is also a passionate obstacle course race enthusiast.
Elizabeth is a storyteller at the intersection of technology and money. Layer in geopolitics and the criminal underworld and you get today's issues in cybersecurity for the global financial system. Crypto. Web...Read More
3.0. Quantum. AI. Ransomware. Privacy. Regulation. Zero-days. Supply chain attacks. Developing new and diverse talent. How to protect the future of money. These are the topics Elizabeth asks top executives and experts in the field about on FinCyber Today.